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The Romanian School of Economics: Public Policy Challenges

I was pleased to send a welcome message at the opening of the NBR – ASE annual conference, a natural tandem of academic collaboration, based on professional solidarity and the ambitions of the economist profession. In my message at the conference, I launched some ideas about the increased importance that the Romanian school of economics should acquire, insisting on...

Neutral Austria joins some other European countries in taking a neutral stance towards Iran

Austria has rejected American appeals for military overflights of its territory to Iran.  Public spokesman Colonel Michael Bauer has confirmed that there were indeed requests in this direction from the U.S.A., and that they were refused immediately, and also that all similar request will be refused, regardless of whence they hail from.  Austria established its permanent neutrality in 1955 — an...

MHS Holding & Automobile Bavaria names new leaders for auto & motorcycle division in Romania/Germany

Michael Röck takes over the management of the passenger car and motorcycle division of MHS Holding AG Elmar Geisler will coordinate operations in Romania and Germany Starting April 1, Michael Röck took  over as CEO of the passenger car and motorcycle division of MHS Holding AG and will coordinate the strategic development of the group-wide business. Mr. Röck who was...

Stolen 2,500-year-old Romanian gold found by ‘Indiana Jones of the Art World’

Priceless artefact snatched in Netherlands museum heist has been recovered, ending international search A priceless gold 2,500-year-old helmet from Romania, stolen last year from a museum in the Netherlands has been recovered. “It’s amazing. It’s the best news we could have got,” Arthur Brand said on Thursday, confirming that the Helmet of Coțofenești had been found. Prosecutors confirmed the recovery and said...

Weather alert for Bucharest. Meteorologists warn of high winds and heavy rain

The National Meteorological Administration on Thursday morning issued two yellow codes for Bucharest,  warning of high winds and heavy rain for the next two days. Forecasters said the wind will intensify throughout the day Thursday,  gusting up to 45-50 km/h and later falling off to 35 km/h. It will rain until Friday morning and temperatures will drop to around 7 degrees...

Trump cannot get rid of either Iran or NATO overnight. Here’s why

Donald Trump has dedicated half his life to sabotaging the greatest achievement in terms of security and defense of the two sides of the Atlantic: NATO. It began in September 1987, when, seemingly out of the blue, the mogul Trump, whose interests had until then been limited to real estate and the  casino business, paid for a page of advertising...

Radio Free Europe’s Bulgaria, Romania Services close after 7 years

The closures follow that of RFE Hungary and reflect funding cuts by US Congress. The Moldovan service is secure for this year but external funding is being sought. The Bulgarian and Romanian services of Radio Free Europe/Radio Liberty (RFE/RL) have ceased operations after 7 years. The closures follow the shutdown of RFE/RL’s Hungarian service in November 2025 and are the result...

Norway to change its policy towards Ukrainian (male) refugees

The Norwegian Directorate of Immigration has announced a significant change in Norway’s policy toward Ukrainian refugees.  An official statement posits that Ukrainian men aged 18 to 60 (eligible for drafting) will no longer be eligible for “collective protection”, a temporary status that — up to now — allowed Ukrainians fleeing the war to receive fast-track residence permits without undergoing a...

Russia military plane crashes in Crimea and everyone on board is gone

A Russian military aircraft has crashed in Ukraine’s Crimea, killing all of the 29 people on board, Russia’s Defence Ministry has reported. The wreckage of the An-26 plane was discovered after it lost contact with air traffic authorities. Russian state news agencies Tass and RIA Novosti report that it was simply a routine flight. We know so far that the aircraft encountered...

Romanian state institutions face 10,000 cyber cyberattacks daily- Defense Minister

Romanian state institutions are facing more than 10,000 cyberattacks daily, Defense Minister Radu Miruta said Tuesday.  Miruta did not offer further  details on ​specific targets or suspected perpetrators, but it is the most ‌precise public insight Romanian authorities have given about the scale of the threat that the EU and NATO member faces. Romania's top court annulled a presidential election on...

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